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Gaming News Archives - Page 4924Nova Scotia Gaming Holds Problem Gambling Workshops22 October 2002
News Brief: Bar owners, casino workers and those who work with gambling addicts will spend the next week in a series of gambling workshops put on by the Nova Scotia Gaming Corp.
3,000 Apply for Falls' Casino Jobs22 October 2002
News Brief: Seneca Niagara Falls Gaming Corp. said more than 3,000 applicants have inquired about jobs at the planned Niagara Falls casino.
Scottish Police Alerted by Gambler's £1.3m Bets22 October 2002
International News Brief: A punter known as `the quiet man' placed bets with stakes of more than £1.3 ($2.32) million within a couple of months, a jury heard yesterday.
Former Gaming Authority Head Sentenced for Embezzlement22 October 2002
News Brief: A gambling addiction led the former financial officer of the Saskatchewan Indian Gaming Authority to wager — and lose — his entire career.
Wynn Changes IPO Terms22 October 2002
News Brief: In a last-minute move, Strip developer Steve Wynn has changed his IPO's terms, a move insiders see as a concession to ensure the planned public sale of $450 million in Wynn Resorts stock.
William Hill Sticks to Earnings Expectations22 October 2002
International News Brief: William Hill, the betting shop chain, says it has no plans to scale back earnings expectations after an adverse run of horse racing results, and should start to benefit from recent wet weather.
Analysts: Casinos a Better Bet than Hotels22 October 2002
News Brief: Slow business travel has cast a pall over many hotel companies reporting quarterly earnings this week, but financial analysts are gambling that casinos will again prove the ability to withstand tough times.
MGM Mirage Reports New Executive Appointments22 October 2002
In moves intended to strengthen the development team at MGM Mirage, several new executive appointments were announced today.
Argosy Gaming Reports Results Up for Q322 October 2002
Argosy reported net income of $19.1 million, or $0.65 per diluted share, for Q3, as compared to $17.2 million, or $0.58 per diluted share, for Q3 2001. Record Q3 2002 casino revenues of $239.1 million reflect an increase of $23.0 million over Q3 2001.
Riviera Reports Mixed Q3 Results22 October 2002
Riviera Holdings reports EBITDA was $7.9 million, up $546,000 or 7.3 percent for Q3 2001. Net revenues for Q3 2002 were $48.6 million, down 4.8 percent from net revenues of $51.0 million.
Harrah's Reports Q3 Record Results22 October 2002
Harrah's reports record Q3 revenues of $1.13 billion, up 11.9 percent from revenues of $1.01 billion in Q3 2001. Q3 property EBITDA rose 22.7 percent to a record $330.3 million, compared with $269.1 million in Q3 2001.
Australian Gaming Monitor Criticized22 October 2002
International News Brief: Victoria's Office of Gaming Regulation has come under fresh criticism for failing to act against the founder of a children's charity charged with rigging car raffles worth up to $8 million.
Poll: Support for Tennessee Lottery Slipping22 October 2002
News Brief: Support for authorizing a Tennessee state lottery has slipped in recent weeks, but remains strong enough to make approval likely on Nov. 5, a new Tennessee Poll indicates.
Gambling Expansion Promoted Worldwide22 October 2002
MGM Mirage, the second-largest U.S. casino operator, is seeking a Thai partner to set up casinos in the Southeast Asian nation, Prime Minister Thaksin Shinawatra's office said in a statement.
Some Nevadans Opposed to Proposed Amusement Tax22 October 2002
News Brief: An amusement tax proposed by a panel reviewing Nevada's tax structure is drawing opposition from some Nevadans who say it would hinder their pursuit of a good time.
Michigan Lottery Machines Draw Concerns22 October 2002
News Brief: Buying instant lottery tickets will soon become as fast and easy as purchasing candy or cigarettes from vending machines and that worries gambling critics.
High Rollers Clean Out Australia's Burswood Casino22 October 2002
International News Brief: Perth's Burswood Casino will no longer put out the welcome mat for international high-rollers after being cleaned out during its annual baccarat tournament in August.
Addicted Gambler Sues Casino22 October 2002
News Brief: A man has sued Casino Aztar, claiming that the casino had a legal obligation to keep him from gambling and violated state and federal racketeering laws by urging him to continue.
Alabama Lottery Plan Drawing Little Protest22 October 2002
News Brief: As Alabama Gov. Don Siegelman campaigns yet again on a lottery proposal, Baptist morals watchdog Dan Ireland is once more spending the fall preaching against gambling -- in Tennessee.
Korean Government to Monitor Sites22 October 2002
International News Brief: The South Korean government is planning to monitor 300-odd Internet sites, including gambling sites, to ensure security is tight enough to ensure no private information is vulnerable to release.
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